The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 1849 Florida Avenue, a fully renovated legal duplex on a quiet, tree-lined street in a highly sought-after, central Ottawa location. This home offers 5 bedrooms and 2 bathrooms across two self-contained units: a bright 3-bedroom, 1-bathroom main level and a 2-bedroom, 1-bathroom basement apartment, ideal for a mortgage helper, extended family, or a turnkey investment. The main level features vaulted ceilings, a bay window, and an updated kitchen with quartz countertops, custom cabinetry, stainless steel appliances, and an eat-in dining area. The primary bedroom includes a double closet, and a custom built-in TV unit with a granite countertop rounds out the living space. Downstairs, the spray-foam-insulated basement apartment is bright and legal, with a window in every room. It has its own full kitchen, living space, and laundry, plus a private side entrance completely separate from the main level. Each unit has its own electrical panel and meter, so tenants cover their own hydro. The basement unit is currently month to month to a long-term tenants. Recent updates include a new roof, furnace, A/C, exterior, windows, entrance door, and driveway. Outside, enjoy a fully fenced, beautifully landscaped, tree-shaded yard with a rear deck, parking for several vehicles, and two sheds, including one fully finished 10x10. A rare opportunity to property hack, generate rental income, or accommodate multi-generational living. Turnkey and move-in ready.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,250/mo
Mortgage (principal + interest)$2,768
Property taxFrom listing: $5,788/yr$482
Minimum $48,990 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$147,980
Ontario land transfer taxProvincial brackets, no first-time refund$11,273
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$162,053
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Alta Vista and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
